ETF Edge
‘Biggest mistake’ bond buyers may possibly make forward of Fed charge cuts
Observe Are living
ɻiggest miscalculation' bond investors may well make ahead of Fed amount cuts
Finance
Stocks making the biggest moves premarket: Netgear, Jefferies Financial, Apollo Global & more
Check out the companies making headlines before the bell: Netgear — The San Jose, Calif.-based maker of WiFi routers and network switches surged 11% after the Federal Communications Commission (FCC) banned all imports of consumer routers made abroad, saying they pose national security risks. Jefferies Financial Group — Shares of the investment bank rallied nearly […]
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Finance
Moody’s cuts rating on private credit fund run by KKR and Future Standard to junk as bad loans grow
Key Points Moody’s Ratings downgraded a private credit fund run by KKR and Future Standard to junk amid rising bad loans and a string of weak earnings. The ratings firm lowered the debt ratings of FS KKR Capital Corp one notch to Ba1 from Baa3 — pushing it into “junk” territory. Moody’s said the fund’s […]
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Finance
Apollo gives investors only 45% of requested withdrawals from $15 billion private credit fund
Key Points Apollo’s $15 billion private credit fund received withdrawal requests equal to 11.2% of shares — more than double its 5% quarterly cap — and will return just 45 cents on the dollar to investors. Unlike rivals including Blackstone, which recently relaxed redemption limits to meet investor demand, Apollo is holding firm at the […]
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